3. Breakup of Costs Average Annual Figures in USD
Actual costs vary greatly depending on program type, degree
level, university, geographic location, etc.
4. Scholarships
Graduate Assistantships
• Teaching
• Research
Scholarships and Fellowships
offered by Universities
International Organizations
offering Scholarships
•Fulbright Commission
•The United Nations
•AMIDEAST
•World Health Organization
Trusts / Scholarships in
India for Studies Abroad
•K C Mahindra Scholarship
•Nehru Trust for Cambridge
University and Trinity College
•Singapore International Airlines
– Youth Scholarships
•Nanyang Technological
University (Singapore)
•J N Tata Endowment
•ITC Scholarships
5. Loans
International Banks
• With/Without Co-signer
1. Citibank
2. Bank of America
• Upto 25 years to repay
• Begin installments upon graduation or
a year after
• Competitive Interest Rates (10 - 15%)
Other Loan Programs
• Access Group
• Sallie Mae
• International Education Finance
Corporation
Indian Banks
•Security to be provided by
parents
•State Bank of India, Bank of
India, Andhra Bank, Syndicate
Bank, Canara Bank, Private
Banks, Centurion Bank of Punjab
•Upto 15 years to repay
7. TOEFL (Test Of English as a Foreign Language)
• Accepted in the US, UK, Canada, Singapore
• Internet-based Test (TOEFL iBT) – Administered by ETS
• 4 Sections - Listening , Speaking , Reading , Writing
• All sections worth 30 points. Total score out of 120.
Good Score 90+
• Scores valid for 2 years ; register at www.toefl.org
• NO coaching required for an above average student
• Get any 1 book out of: Barron’s, Kaplan, Princeton, Cliffs
9. How Important Are These Scores?
Large University
Personals
Grade Point
Average
Scores
Personals include Applications,
Work Experience, Extra
Curricular Activities
Small University
Personals
Scores
Grade Point
Average
10. How is the work experience evaluated ?
•Number of years
•Your value addition to the job
•Professional and interpersonal skills developed
•The stature of your company
•Diversity of work experience among applicants
•Your advancement
11. Essays, SOP, LORs
Essays
LORs
Resumes
Consider this a
“sales pitch”
Describe how you
will contribute to
the college’s
unique community
Don’t use flowery
language and please
follow instructions
Choose the
“right recommender”
Talk about your
characteristics and back them
with examples
Ensure its genuine
Make a strong
presentation of yourself and
your qualifications
Keep it concise,
comprehensive, relevant
Proof read for
spelling errors
12. Study-abroad Consultants
There are two types of study abroad consultants you come across:
1) Commission based agents who have B grade tie-up universities
and who market themselves through newspaper ads, seminars or
telemarketing. Beware of them.
2) Genuine study-abroad consultants who are very few in number and
operate only on word of mouth. Always take some references of
some past students before you approach them.
.
13. GMAT as a computer adaptive test
The software calculates your score based on:
• The number of questions you answer correctly
• The difficulty of the questions you answer
• The number of questions you complete
• You loose more points for leaving questions incomplete than you do for
an incorrect answer
Questions that appear early in the test impact your score to a
greater degree than do those that come toward the end of the
exam
14. Computer Adaptive Test Scoring Pattern
200
300
400
500
600
700
1 2 3 4 5 6
Question #
Score/Difficulty
Brian
Amy
450
630
x
x
x
x
15. GMAT Structure
Section Type Number of Questions Time
Integraged Reasoning
(IR)
12 (4 formats)
[score out of 8 pts]
30 min
AWA 1 essay (argument)
[score out of 6 pts]
30 min
Quantitative (Math) 37 (30 scored, 7 experimental) 75 min
Verbal (English) 41 (30 scored, 11 experimental) 75 min
16. Format of GMAT
Section Type of Questions Duration
Verbal Sentence Correction (13 Q approx)
Critical Reasoning (13 Q approx)
Reading Comprehension (15 Q approx)
Total Questions 41 75 minutes
Quantitative Problem solving (22 Q approx)
Data Sufficiency (15 Q approx)
Total Questions 37 75 minutes
17. MATH SYLLABUS
ARITHMETIC
• Number properties
• Fraction n decimal
• Percents
• Ratio n Proportion
• Averages (mean, median, mode)
• Exponents n roots
ALGEBRA
• Basic Algebra
• Simple Equations
• Quadratic Equations
• Inequalities
GEOMETRY
• Lines n angles
• Triangles
• Polygons
• Circles
• Solid Geometry
• Co-ordinate Geometry
MISCELLANEOUS
• Counting (P n C)
• Probability
• Rates (STD / Time n work)
• Sequence n Series
18. TRIVIA
• Register at www.mba.com
• Costs U.S. $ 250 Postponing charges : $ 50
• An option of discarding the score.
• Scores to 5 colleges free. $ 28 for each additional score.
• Next attempt after 31 days. Maximum 5 attempts in a year.
• Any date available if booked a week prior to the desired date
• A decent score : 600+ ; Exceptional score : 700+ ;
Average score worldwide : 537
• Score valid for 5 years.
19. .
GMAT acceptance :
Abroad: US, Canada, UK, Singapore, Australia,
Middle east
India: ISB Hyderabad & Mohali, S.P. Jain (global
MBA), all IIMS (e-MBA), XLRI (GMP), ICFAI
(Hyderabad campus), The Great Lakes (Chennai),
IMT Ghaziabad and many others…
20. .
How is GMAT different from school/college
syllabus exams?
• importance of concepts
• a lot of “reasoning & logic” involved
• scores based on mathematical reasoning (not maths)
and verbal reasoning (not english)
• methods and steps don’t matter
• taking help from the options
• quick thinking required
21. How is it different from the CAT?
• difficulty level (much easier than CAT)
• type of questions (word and language problems)
• topics included (no calculus)
• no LR/DI section
• only 1 question appears at a time; hence
selection of questions not possible
22. How is the GMAT testing related to
practical life managerial aspects?
• time management
• stress management
• working with the available resources
• “out of the box” thinking
23. .
The 2 factors on which your score depends:
• inbuilt aptitude for this exam (which differs from
person to person ; hence don’t compare and don’t
generalize the study plan)
• up-gradation till a certain level (taking genuine GMAT
training, using the right material, taking authentic tests,
organizing your study plan based on your strengths and
weakness)
24. .
The 3 imp skills for acing the quant sec:
• Concepts
• Understanding the language of the question
• Approach
-Conventional - Modern
(Variables (Substitution
Equations Back solving n elimination
Formulae) Approximation
Following the trend
Visualization
Diagramatic presentation)
25. .
The 3 imp skills for acing the verbal section
• in-depth grammar rules and its application (SC)
• understanding the situation and analyzing it (CR)
• reading and interpreting simultaneously (RC)
26. Authentic GMAT material (a big dilemma)
Basic
• GMAT math bible
• Kaplan GMAT math w.b.
• Princeton review GMAT
• Manhattan series of GMAT books
• OG ( + quant review + verbal review)
Advance
• OG
• Kaplan 800
• Score top questions (700+)
Don’t use hard copies of books. Use only “soft copies” from day 1 so that u
get accustomed to read from the computer screen.
Newer editions doesn’t mean different and better questions…
27. .
Please DON’T refer to :
•CAT material
•R.S. Aggrawal books
•Barron’s GMAT
• 9th/10th grade school books
•Any un-authentic Non-GMAT material
28. .
How to start your preparation?
• part A (topic wise concepts n practice)
• part B (section tests : PS, DS, RC, CR,SC)
• part C (full length tests : 15 approx)
29. .
• Best time to prepare (2nd year of graduation or when
u r relatively free at work front)
• Total duration of preparation(for an above average
student, 2 months without work/college and 3.5
months along with work/college
• Per day efforts (6 hrs. without work/college, 2 hrs
with work/college)
• Prioritize GMAT over your job, college, socials
etc… (a half hearted preparation and attempt can
cost u time, money and career plan)
30. .
Bottom line
• test of endurance (maintaining concentration for 4
hrs at a stretch)
• test of maturity (keeping yourself calm n composed
without getting panic)
• test of smartness (you don’t have to be super
intelligent to crack the GMAT; just be smart enough)
31. .
Practice tests tips !!
• start with easy tests; gradually move towards tougher ones
• take atleast the last 5 tests along with AWA sections
• take the tests in ideal testing conditions
• always check the explanatory answers after u finish the test
• different tests have different scoring patterns and different
algorithms to calculate the score. So don’t panic.
32. .
Importance of “genuine”
GMAT TRANING
• concepts n misconceptions
• direction and regularity
• pool of students to interact with
• comparative performance
• avoiding loss of opportunity cost (time n money)
33. .
How are WE different ??
• expertise : trainers with indepth subject knowledge.
• experience : exclusive GMAT teaching.
• methodology : topic wise practice, sectional tests, full
length tests
• material : Full material
• Support : doubt solving sessions till the exam date
34. Classroom Training Structure
In each class, you are provided with class sheets which is
made of our own hand picked questions of every difficulty
level (easy, medium, advance) and each type and variety
including the past GMAT questions and keeping the current
GMAT trend in mind. Each topic (math n verbal) is done
indepth with concepts and shortcuts to give the optimum
understanding of the topic
The homework given in both math and verbal is expected to
be completed during the weekdays from the ebooks in the
GMAT power dvd.
The batch strength is of around 15 students to develop a
healthy competition and reasonable interaction among the
students.